Tag: Tax
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Benue govt seals Rep member’s park
The Benue State Government has sealed City Bay Park, belonging to Rep. Asema Achado (APC/Gwer East/Gwer West), for non-payment of prescribed tax.
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The need to reinstate the scrapped capital transfer tax in Nigeria – By Emeka Ndu
The recent furore generated by the tax reform bills sponsored by the Tinubu administration has elicited the need to look at the entire concept of tax action in Nigeria. This article will look at an often ignored aspect of taxation, that of taxing residual wealth from generation to generation.
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Northern Senators in secret meeting over controversial Tax Reform Bills
Northern Senators convened a secret meeting on Thursday, lasting over two hours, following the Senate’s passage of the contentious Tax Reform Bills for a second reading.
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Tax reform bills propose new sharing formula, cede 55% to States
The bills are a set of four legislative proposals to increase Value-Added Tax (VAT) distributable to the sub national governments to 55 per cent while reducing the federal government’s share to 10 per cent.
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Tinubu’s controversial tax reform Bills scale through second reading in Senate
The Senate has passed four controversial tax reform bills proposed by President Bola Tinubu for second reading. The bills passed second reading after Opeyemi Bamidele, Majority Leader of the Senate, led a debate on them on Thursday. This comes after several political leaders and stakeholders kicked against the proposed Tax Reform Bills. Recall that the…
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Oyo govt reveals actions to be taken against tax evaders
The Oyo State Government may soon be using legal action against residents and business owners domiciled in the state who evade the payment of taxes, an official said on Friday.
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Tinubu rejects NEC’s recommendation to withdraw tax reform bills
President Bola Ahmed Tinubu has rejected the recommendation of the National Economic Council (NEC) to withdraw the tax reform bills, currently before the National Assembly (NASS).
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NEC recommends withdrawal of tax reforms bill
The National Economic Council (NEC) has advised that the Tax Reforms Bill, currently before the National Assembly, be withdrawn.
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CARTOON OF THE DAY: Mr President, the taxman and petroleum minister wasting fuel travelling all over the world
CARTOON OF THE DAY: Mr President, the taxman and petroleum minister wasting fuel travelling all over the world
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Enugu govt clarifies mortuary tax
The Enugu State Government says the Enugu Mortuary Tax is not meant to generate revenue but to discourage people from taking their dead ones to mortuary.